Israel’s Fischer Said to Be Top Choice for Fed Vice Chairman

Former Bank of Israel Governor Stanley Fischer is President Barack Obama’s leading candidate to become vice chairman of the Federal Reserve, people familiar with the selection process said.

Fischer, 70, would replace Janet Yellen as the Fed’s No. 2 official, according to the people, who asked for anonymity because the decision isn’t final. There are no plans by the White House to announce the choice this week, one of the people said.
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